Common use of Organization of the Purchaser Clause in Contracts

Organization of the Purchaser. The Purchaser is a Delaware corporation, validly existing and in good standing under the Laws of the state of its organization and has all requisite corporate power to own, lease and operate its property and to carry on its business as now being conducted and is duly qualified or licensed to do business and is in good standing in each jurisdiction where the concept of good standing exists and in which the nature of its business or ownership or leasing of its properties and assets makes such qualification or licensing necessary.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Kyphon Inc), Asset Purchase Agreement (Spectranetics Corp), Asset Purchase Agreement (Kyphon Inc)

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Organization of the Purchaser. The Purchaser is a Delaware corporationcorporation duly organized, validly existing and in good standing under the Laws laws of the state State of its organization Delaware and has all requisite corporate power and authority to ownexecute and deliver this Agreement, lease and operate to perform its property obligations hereunder and to carry on its business as now being conducted and is duly qualified or licensed to do business and is in good standing in each jurisdiction where consummate the concept of good standing exists and in which the nature of its business or ownership or leasing of its properties and assets makes such qualification or licensing necessarytransactions contemplated hereby.

Appears in 2 contracts

Samples: Stock Purchase Agreement (White Mountains Insurance Group Inc), Stock Purchase Agreement (Alleghany Corp /De)

Organization of the Purchaser. The Each Purchaser is a Delaware corporationcorporation duly organized, validly existing and in good standing under the Laws laws of the state State of its organization Delaware, and has all requisite corporate power and authority to own, operate and lease and operate its property properties and to carry on its business as now being conducted and is duly qualified presently owned or licensed to do business and is in good standing in each jurisdiction where the concept of good standing exists and in which the nature of its business or ownership or leasing of its properties and assets makes such qualification or licensing necessaryconducted.

Appears in 2 contracts

Samples: Purchase Agreement (Vail Resorts Inc), Purchase Agreement (American Skiing Co /Me)

Organization of the Purchaser. The Purchaser is a Delaware corporationcorporation duly organized, validly existing and in good standing under the Laws of the state State of its organization Delaware and has all requisite corporate power and authority necessary to own, lease or operate the property and operate its property assets owned, operated or leased by it and to carry on its business as now being conducted and is duly qualified or licensed to do business and is in good standing in each jurisdiction where the concept of good standing exists and in which the nature of its business or ownership or leasing of its properties and assets makes such qualification or licensing necessarypresently conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bridgeline Digital, Inc.)

Organization of the Purchaser. The Purchaser is a Delaware corporation, company duly organized and validly existing and in good standing under the Laws laws of the state of its organization Delaware and has all the requisite corporate power to own, lease and operate its property and authority to carry on its business as now being conducted and conducted. The Purchaser is duly qualified or licensed to do transact business and is in good standing in each jurisdiction in which it owns or leases real property or conducts business and is required to so qualify except where the concept of good standing exists failure to so qualify has not had, and in which would not reasonably be expected to have, a material adverse effect on the nature of its business or ownership or leasing properties of its properties and assets makes such qualification or licensing necessarythe Purchaser.

Appears in 1 contract

Samples: Partnership Interest Purchase Agreement (Huayue Electronics, Inc.)

Organization of the Purchaser. The Purchaser is a Delaware corporationcorporation duly organized, validly existing and in good standing under the Laws laws of the state State of its organization and has all requisite Delaware, with adequate corporate power and authority to own, lease and operate own its property and to carry on conduct its business as now being conducted and is duly qualified or licensed to do business enter into and is in good standing in each jurisdiction where the concept of good standing exists and in which the nature of its business or ownership or leasing of its properties and assets makes such qualification or licensing necessaryperform this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (Palomar Medical Technologies Inc)

Organization of the Purchaser. The Purchaser is a Delaware corporation, corporation duly organized and validly existing and in good standing under the Laws laws of the state State of Delaware and is legally entitled to own and lease its organization and has all requisite corporate power to own, lease and operate its property properties and to carry on its business as now being conducted and is duly qualified or licensed to do business and is in good standing in each jurisdiction where the concept of good standing exists and in which the nature of places where such properties are now owned, leased or operated or where its business or ownership or leasing of its properties and assets makes such qualification or licensing necessaryis now conducted.

Appears in 1 contract

Samples: Share Purchase Agreement (Arbor Health Care Co /De/)

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Organization of the Purchaser. The Each Purchaser is a Delaware corporationan entity duly organized, validly existing and in good standing under the Laws laws of the state State of its organization Delaware, and has all requisite corporate power and authority to own, operate and lease and operate its property properties and to carry on its business as now being conducted and is duly qualified presently owned or licensed to do business and is in good standing in each jurisdiction where the concept of good standing exists and in which the nature of its business or ownership or leasing of its properties and assets makes such qualification or licensing necessaryconducted.

Appears in 1 contract

Samples: Purchase Agreement (American Skiing Co /Me)

Organization of the Purchaser. The Purchaser is a Delaware corporationcorporation duly organized, validly existing existing, and in good standing under the Laws laws of the state State of its organization Delaware and has all requisite power and authority and corporate power approvals to ownenter into, lease execute, and operate its property deliver this Agreement and, where applicable, the Transaction Documents and to carry on perform its business as now being conducted obligations hereunder and is duly qualified or licensed under each of the other documents required to do business be entered into pursuant hereto this Agreement and/or the Transaction Documents, and is in good standing in each jurisdiction to perform its obligations under this Agreement and, where applicable, the concept of good standing exists and in which the nature of its business or ownership or leasing of its properties and assets makes such qualification or licensing necessaryTransaction Documents.

Appears in 1 contract

Samples: Stock Purchase Agreement (CDC Corp)

Organization of the Purchaser. The Purchaser is a Delaware corporation, corporation,β€Œ validly existing and in good standing under the Laws of the state of its organization and has all requisite corporate power to own, lease and operate its property and to carry on its business as now being conducted and is duly qualified or licensed to do business and is in good standing in each jurisdiction where the concept of good standing exists and in which the nature of its business or ownership or leasing of its properties and assets makes such qualification or licensing necessary.

Appears in 1 contract

Samples: Asset Purchase Agreement

Organization of the Purchaser. The Purchaser is a Delaware corporationcorporation duly organized, validly existing and in good standing under the Laws laws of the state State of its organization and has Delaware, with all requisite corporate power and authority to own, lease and operate its property properties and assets and to carry on its business as now being conducted and is duly qualified being, or licensed as currently proposed to do business and is in good standing in each jurisdiction where the concept of good standing exists and in which the nature of its business or ownership or leasing of its properties and assets makes such qualification or licensing necessarybe, conducted.

Appears in 1 contract

Samples: Stock Purchase Agreement (Anteon International Corp)

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